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Articles on Insolvency

Displaying 21 - 23 of 23 articles

Innovation Minister Christopher Pyne and Prime Minister Malcolm Turnbull launched the innovation statement at the CSIRO. Mick Tsikas/AAP

‘Ideas boom’ to drive the Australian economy: Turnbull

Malcolm Turnbull is looking to an “ideas boom” to be the new source for Australia’s growth, prosperity and jobs now the mining boom has faded.
Voluntary administration has been the widely-used step in efforts to prevent a company being dissolved. Image sourced from www.shutterstock.com

Is it time to reform the cornerstone of Australia’s insolvency regime?

Voluntary administration was considered a state-of-the-art rescue procedure for struggling companies in 1993. But is is time for another wide-ranging review of our insolvency laws?
The insolvency industry is facing criticism of over-servicing, excessive fee charging and self-interest. www.shutterstock.com

Chasing money: why the insolvency industry needs reform

Proposed laws to reform the insolvency industry are long overdue. Under the changes, liquidators will require a licence and creditors will be able to remove poorly performing practitioners. The reforms…

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